Kia Pegas Monthly Installment

by Leland Morrison, on 16 January 2024

Kia Pegas Kia Pegas

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The Kia Pegas is synonymous with modern design, comfort, and practicality. Its contemporary aesthetic, marked by dynamic lines and sharp edges, offers a sleek visual appeal. Alongside aesthetics, the Pegas prioritizes space, offering a generous 475-liter boot capacity and thoughtful design elements geared towards passenger comfort and intuitive use.

Modern technological features, such as the 7-inch touchscreen display, integrated rearview camera, and smartphone integration through Apple CarPlay and Android Auto, ensure connectivity for the modern driver. Furthermore, the emphasis on safety is evident with features like ISOFIX child seat anchors, 4-wheel disc brakes, and a comprehensive suite of driver assistance systems.


Over time, the Kia Pegas has evolved to offer a balance of power, efficiency, and fun. With a 1.4 MPI gasoline enginethat delivers 69 kW of power and 132 Nm of torque, it promises a spirited driving experience. The engine is paired with either a 5-speed manual or a 4-speed automatic transmission, highlighting Kia's commitment to providing both engagement and convenience to the driver.

Alongside the mechanical advancements, the Pegas has also seen enhancements in safety and comfort, featuring advancements like rear-view monitors with parking guidance and a variety of smart, useful details within the cabin designed to improve day-to-day driving experiences.


The Kia Pegas is available in a range of variants, each with its own set of features and price tag. The base model starts at R288,995, while the top-of-the-line variant is priced at R314,995. The price of a particular variant depends on its engine, transmission, and other features.

Variant Price
1.4 MT LX R288,995
1.4 MT EX R299,995
1.4 AT EX R314,995

Additional Costs to Consider:

Monthly Installment

Monthly payments for the Kia Pegas vary between R5,064 and R6,449

The following table provides a few example calculations using the prime interest rate + 2% (13.75%) over a period of 6 years or 72 months.

Variant Price Installment 10% deposit 10% deposit and residual
1.4 MT LX R288,995 R5,916 R5,325 R5,064
1.4 MT EX R299,995 R6,142 R5,527 R5,257
1.4 AT EX R314,995 R6,449 R5,804 R5,520

The installment goes down when a 10% deposit is provided and even further when a 10% residual is added

Factors affecting your monthly installment:

Minimum monthly salary

Banks typically recommend not spending more than 15% of your monthly salary on a car repayment. With that in mind, here is the recommended monthly salary for each variant:

Minimum Salary
Variant No deposit 10% deposit 10% deposit and residual
1.4 MT LX R39,442 R35,498 R33,761
1.4 MT EX R40,944 R36,849 R35,046
1.4 AT EX R42,991 R38,692 R36,799


Based on its physical size and engine displacement, the Kia Pegas fits well into the Segment B category, which comprises subcompact vehicles. With overall dimensions and features that cater to practicality and urban maneuverability, the Pegas is designed to meet the needs of Segment B consumers looking for an accessible and efficient means of transport.

. The table below gives a comparison to other alternatives in the B segment.

Name Monthly From Monthly To Popularity
Hyundai Grand i10 R4,051 R6,631 No Data
Toyota Starlet R4,309 R6,940 No Data
VW Polo Vivo R4,458 R7,102 No Data
Kia Pegas R5,064 R6,449 Very Low
Hyundai Grand i10 Sedan R5,136 R6,631 No Data
Kia Rio R5,924 R7,984 Low
Hyundai i20 R5,975 R9,571 No Data
VW Polo R6,276 R11,129 No Data


Tips to Secure the Best Monthly Installment Deal

Securing the best monthly installment deal is crucial for managing your finances effectively. Whether you're financing a car, home, or any other purchase, a favorable installment plan can save you money and reduce financial strain. Here are some tips to help you land the best deal:

  1. Research & Compare: Investigate various lenders, comparing their rates, terms, and fees using online tools.
  2. Check Credit Score: A better score can lead to lower rates. Regularly review and work on improving it.
  3. Negotiate: Don't settle for the first offer. Be informed about market rates and available promotions.
  4. Choose Shorter Terms: Longer terms might have smaller payments but higher interest. Opt for shorter terms if possible.
  5. Consider a Deposit: A significant deposit can reduce monthly payments and possibly get a better rate.
  6. Understand the Terms: Be clear on all conditions, especially penalties for early or missed payments.
  7. Maintain Your Budget: Determine your monthly limit and stick to it. Avoid tempting deals that exceed it.
  8. Seek Pre-approval: It provides clarity on what you qualify for and aids in negotiations.

By being diligent, informed, and proactive, you can secure a monthly installment deal that aligns with your financial goals and provides peace of mind.


Understanding the Kia Pegas price and monthly installment options is crucial for potential buyers. The vehicle's competitive positioning in the subcompact segment makes it a viable choice for those seeking a balance between cost and functionality. It is important for buyers to conduct thorough research on the Pegas and consider all financial aspects, including the total cost of ownership and available financing options.

Potential buyers are encouraged to consult with financial advisors to make an informed decision that aligns with their budget and lifestyle requirements, ensuring that the Kia Pegas not only meets their practical needs but also financial parameters.